LightSquared CEO Confirms Talks with Sprint

Speaking on Bloomberg TV today, LightSquared CEO Sanjiv Ahuja confirmed that the company has had network conversations with Sprint. "We are also working in a deeper relationship with some of the operators," he said. "We have had conversations with Sprint. But if we have something to announce we will be back here." Earlier this month, Reuters reported that LightSquared was ready to sign a multi-billion, multi-year network agreement with Sprint. Ahuja also reiterated his belief that the company will be able to circumvent the problems it is facing with respect to GPS interference, and that its network will be ready 12 to 18 months ahead of schedule. LightSquared is hoping to build a nationwide Long Term Evolution mobile broadband network. It has signed a number of reseller and roaming agreements with other providers.